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Doubleclick Goes Private

By - April 25, 2005

DoubleclCoincidence that Google announces its CPM/image play today? Yes, but one hell of one. From Reuters:

Internet marketing company DoubleClick Inc. (DCLK.O: Quote, Profile, Research) said on Monday that it agreed to be acquired by San Francisco buyout firm Hellman & Friedman LLC for roughly $1.1 billion.

…..

“It’s a fair valuation, given the company’s outlook,” said Janco Partners Inc. analyst Martin Pyykkonen. “There’s a feeling that general ad serving is somewhat of a commodity business.”


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One thought on “Doubleclick Goes Private

  1. Keith Teare says:

    I just posted the company’s analyst call on EarningsCast.

    http://www.earningscast.com